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20121204
20121204
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: mr. president? the presiding officer: the senator from michigan. ms. stabenow: thank you, mr. president. mr. president, i rise today to bring attention a critically important piece of legislation that the senate has passed and that the house needs to pass immediately. it passed the senate with bipartisan support. there are those on both sides of the aisle in the house of representatives that support passing it and i'm here to urge in the strongest terms possible that the speaker bring this bill up before the house and get it passed. now, many people, because of my speaking in the past, may be i'm referring to the farm bill, which i also believe we need to have the house take up and pass, because of our bipartisan work, but i actually after referring today to the fact that we have only 27 days until we go over the fiscal cliff, or for middle-class families, what this means is 27 days before their taxes go up on average $2,200. so what we're talking about is the fact that we passed a bil bill -- we didn't just pass a bill. we passed a bill in july, july 25 of this year, the sen
: philip. michigan. democratic caller. caller: thank you. this is not so much a tax question. i used to work for a food company in 1972 that was very large, employing 3000 or more, closing in 1985. people here have lost their jobs. why does the government not do something to cut their jobs? for instance, do we really need the cia, the federal marshals here and there? why do they not get the federal bureau to cover everything? host: that is philip's idea. on twitter, a follow-up with the small-business owner we heard from, saying they eliminated business averaging which is hopeful to small businesses with fluctuating income. guest: it guest: under income averaging, if you have a fluctuating in a come -- income, you pay low rates when your income is low, high rates when your income is high. the average maybe higher than if you had constant and come over that time. income averaging the be the ability to average over years and pay tax at a rate equal to the harvard marginal rates that would apply to your average income. it was an attempt to address the fluctuating income problem. host: m
Search Results 0 to 1 of about 2